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Latest fromFinancial Services
Ten 'cowboy' adviser complaints probed
The FMA is investigating 10 complaints of financial advisers who may be practising illegally, and warn the number could go higher as it introduces tough new legislation to weed out the "cowboys".
'New Era' of finance adviser rules starts today
Today is being heralded as the dawn of a "new era of professionalism" for the financial services sector.
Weak demand for credit threatens big NZ banks
Weak credit demand could curtail earnings growth for the big New Zealand banks, says credit rating agency Standard and Poor's.
Insurance industry facing a climate of fear
Floods, hurricanes, droughts - will climate change mean more wild weather ahead? That's a risk the insurance industry is taking very seriously, reports Peter Huck.